4//SEC Filing
PATRICK INDUSTRIES INC 4
Accession 0001104659-16-140124
$PATKCIK 0000076605operating
Filed
Aug 15, 8:00 PM ET
Accepted
Aug 16, 8:17 PM ET
Size
15.8 KB
Accession
0001104659-16-140124
Insider Transaction Report
Form 4
TONTINE CAPITAL PARTNERS L P
10% Owner
Transactions
- Sale
Common Stock, no par value
2016-08-12$61.43/sh−29,000$1,781,470→ 1,231,439 total(indirect: See Footnotes)
Footnotes (6)
- [F1]This report is filed jointly by Tontine Capital Partners, L.P., a Delaware limited partnership ("TCP"), Tontine Capital Management, L.L.C., a Delaware limited liability company ("TCM"), Tontine Capital Overseas Master Fund II, L.P., a Cayman Islands limited partnership ("TCP 2"), Tontine Asset Associates, L.L.C., a Delaware limited liability company ("TAA"), Tontine Associates, L.L.C., a Delaware limited liability company ("TA"), and Jeffrey L. Gendell ("Mr. Gendell"). Mr. Gendell is the managing member of: (a) TCM, the general partner of TCP; (b) TAA, the general partner of TCP 2; and (c) TA.
- [F2]On August 12, 2016, TCP sold 29,000 shares of Common Stock at a weighted average price of $61.43 per share. These shares were sold in multiple transactions at prices ranging from $61.31 to $61.61, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]Mr. Gendell, TAA and TCP 2 directly own 0 shares of Common Stock, TA directly owns 122,359 shares of Common Stock, TCM directly owns 140,382 shares of Common Stock and TCP directly owns 968,698 shares of Common Stock.
- [F4]All of the foregoing securities may be deemed to be beneficially owned by Mr. Gendell. The foregoing securities held by TCP may be deemed to be beneficially owned by TCM. Any securities held by TCP 2 may be deemed to be beneficially owned by TAA.
- [F5]Mr. Gendell disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by Mr. Gendell or representing Mr. Gendell's pro rata interest in, and interest in the profits of, TCM, TCP, TCP 2, TAA and TA. TCM disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TCM or representing TCM's pro rata interest in, and interest in the profits of, TCP.
- [F6]TAA disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TAA or representing TAA's pro rata interest in, and interest in the profits of, TCP 2. TA disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TA.
Documents
Issuer
PATRICK INDUSTRIES INC
CIK 0000076605
Entity typeoperating
IncorporatedIN
Related Parties
1- filerCIK 0000076605
Filing Metadata
- Form type
- 4
- Filed
- Aug 15, 8:00 PM ET
- Accepted
- Aug 16, 8:17 PM ET
- Size
- 15.8 KB